### @LITE — Confirmed — from the FY2025 10-K, Q2 FY2026 quarterly filing, and Q3 FY2026 call
Look, we collapsed to one segment in Q1 FY26 — killed the Cloud & Networking and Industrial Tech breakout, right? Which, I mean, means you can't track datacenter versus industrial the way you could, you know? And that happened just as cloud and networking pushed past 85% of revenue. Top customer jumped from 16% for the year to 24% in the December quarter alone, top two north of 40% combined. Google's driving a lot of demand, we said on the March call. NVIDIA's investor and customer now. Huawei's gone since early '24 controls. Concentration's not theoretical, right?
- tier: Confirmed (✓)
- source: LITE / A short customer list, mostly unnamed
- receipt: https://ticker.thevixguy.com/p/p-day-20260810-lite-src-lite-customer-concentration-rotation
- posted: 2026-08-10T23:44:10.281Z